We have detected that covetedclicksolutions.com is operating a crypto scam. No social media accounts were located for this project, and several unfinished pages on the website are filled with default content and placeholder text. The website’s tiered profit guarantee plans are bogus, and the company name stated on the website is false. The content is copied from other similar scam websites found previously. The domain name was registered recently, just 28 days ago, and the website is owned and operated by a foreign entity. A genuine website is expected to provide a business address; however, our search yielded no results on any of the pages. Moreover, the website lacks any phone numbers for customer support, and we were unable to verify or find any legitimate reviews about this project. What is a crypto investment scam?
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|❌ No Social Media
❌ Fake Profit Guarantee
❌ Copycat Content
❌ Foreign Company
❌ No Phone Numbers
|❌ Unfinished Website
❌ Fake Business Name
❌ Recently Registered
❌ No Address Found
❌ No Reviews
Date of registration: January 07, 2024
Expiration: January 07, 2025
First detected: February 04, 2024
Registrar: Hosting Concepts B.V. d/b/a Registrar.eu
Hosted by: Cloudoon.com
What is a crypto investment scam?
As cryptocurrency gains popularity, so do the scams associated with it, particularly on messaging platforms like WhatsApp, Telegram, and Discord. Scammers create chat groups on these platforms, posing as investment communities. They entice users with discussions on investment strategies, share fabricated success stories, and provide false updates on the performance of their “funds.” These scammers communicate exclusively through text to avoid revealing their identities or betraying their lack of expertise through voice or video calls. The groups often seem active, with thousands of participants, but many are actually bots designed to mimic real users, creating the illusion of a thriving investment hub.
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This false sense of success and legitimacy can be very convincing, drawing in genuine investors. Scammers post fake testimonials and altered payout records to show profitability and urge members to invest quickly, claiming the opportunities are exclusive and time-sensitive. When the scam is at risk of being uncovered, the scammers quickly dismantle their web of lies, closing down websites and chat groups, only to reemerge under a new guise. They launch new sites with content barely altered from the original, making it hard for authorities to track them and for victims to reclaim their funds. This cycle of deceit continues, ensnaring unsuspecting victims while the scammers remain
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